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Disputes over Trump’s tax reform threaten construction costs


The debate over Donald Trump’s tax reform in 2017 is in the wake of Joe Biden’s idea of ​​$ 2tn, with many lawmakers at Capitol Hill threatening to vote against taxes and money that would not change Trump’s radical change.

Thirty-two members of the Democratic and Republican Legislature this week convened a “Salt” conference to promote anti-tax revenue in state and federal taxation, which has led to increased family income in countries such as New York, New Jersey and California. .

More than a dozen Democratic lawmakers from New York he wrote to Nancy Pelosi, the Democratic President of the House, says the issue is “difficult”.

“We will have the right to challenge any tax laws that do not include the complete removal of Salt,” he added.

Kirsten Gillibrand, a Democratic senator from New York, said this week that she “fully supported” the removal of the Salt Cup, and did not defend the vote against a bill that did not include the law, saying: “We will see what happens.”

Their threats are exacerbated during a time when Democrats control the House of Representatives by just six votes and the Senate is divided, 50-50, between parties. Biden will need to be assisted by both Congress chambers if he wants to advance his $ 2tn design plan, which he wants to pay in particular and raise corporate taxes.

Pelosi, whose constituency is based in San Francisco, and Chuck Schumer, a New York Democrat Democrat representative, have all shown their support for the fight.

But clearing the area could prevent Biden, Pelosi, and Schumer from being prosecuted for fraud, as the move would be tantamount to paying back the most affluent Americans at a time when the White House says it is targeting the poorest. Eliminating the cap comes with a lower cost, triggering an idea price that has never been done before.

Taxation Committee to compare Last year that removing the cup in 2019 alone would have reduced federal funds by around $ 77bn.

Jen Psaki, a press secretary at the White House, on Thursday also said that Biden did not include the removal of the Salt Cup in construction inquiries. But he added, “We know there are a lot of members who feel brave.”

“There will have to be a discussion on how to pay for it, which will come out instead,” he said. “We then discuss what is most important to achieve our key goals.”

Before Trump begins to adjust his taxes in 2017, families will be able to collect state and local taxes from their state taxes. But Trump has cut $ 10,000, which has affected homeowners in governments with high and local taxes, such as New York, New Jersey and California.

Opponents have criticized the former President for shooting “blue” people who like to vote for Democrats; the allies insisted that the White House should raise funds to pay more tax revenue to more people and businesses.

This time, the debate over the severance cuts across the party line. As Democrats and Republicans rallied to oppose the hat-trick, a group of lawmakers from both parties said they would oppose it.

Alexandria Ocasio-Cortez, a leading congresswoman from New York, said lawmakers should not “stockpile labor” to prevent tax reform.

“Personally, I can’t be sure how much I believe this is a give to the rich,” he added.

Pat Toomey, a Republican senator from Pennsylvania, said the reversal of the eviction “would also force low-income and middle-income people to give money to the rich in taxes and in many towns”.

According to Taxes, a joint venture of a non-profit organization of the Urban Institute and the Brookings Institution, raising the cap could be of great benefit to the rich, with 96% of the benefits going to a large quintile of the recipients. More than half – 57% – achieved 100%, they checked.

But lawmakers in the newly formed Salt caucus insist that raising the cap also benefits pregnant families.

“There is a misconception that the removal of salt does not help pregnant families. But at higher regional costs like my district, Salt is making a real difference in helping raise middle-class people like teachers and police officers, who rely on these evictions to make enough money in the area, “said Mikie Sherrill, a member of the New Jersey Democratic House.

Andrew Garbarino, a Republican from New York, agreed.

“The salt cap pays for the workers on Long Islanders,” he said. “From firefighters to police officers, teachers, nurses, and small business owners, I hear from people every day about the huge crisis the Salt Cup has given them.”


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